Motivewave AutoLevels 2
✅ Automate Your Daily Prep: Instantly plot critical Initial Balance (IB) levels for both RTH and Overnight sessions. No more manual drawing!
🚀 Project Automatic Price Targets: Uses the IB range to automatically project key Fibonacci extension levels, showing you potential support, resistance, and profit targets.
🎯 Dual Fibonacci Sets: Switch between Classic Fibonacci Ratios and Whole Number Extensions with a single click to fit your trading style.
🎨 Complete Visual Control: Fully customize colors, line styles, and labels for both RTH and ETH sessions independently. Make it match your chart perfectly.
🔄 Multi-Day Analysis: Automatically plots historical levels from previous days, giving you a complete map of confluent price zones.
⭐ FREE Lifetime Updates: One-time purchase, zero subscription fees. Receive all future enhancements for free!
Core Engine & Automation
Automatic Initial Balance (IB) Detection: Identifies the high and low of the crucial first hour of trading without any manual input.
Dual Session Analysis: Creates two independent sets of levels for Regular Trading Hours (RTH: 9:30-17:00) and Extended/Overnight Hours (ETH: 18:00-9:30).
Fully Adjustable Session Times: Customize the start/end times for both sessions and their calculation (IB) periods to fit any market or strategy.
Accurate Timezone Handling: Critical setting ensures levels are calculated based on the correct exchange time, no matter where you live.
Advanced Calculation & Customization
Two Complete Level Sets:
Set 1 (Default): Classic Fibonacci values like -61.8%, 127.2%, 138.2%, and 161.8%.
Set 2 (Round Numbers): Powerful whole-number extensions like -200%, -100%, 200%, 300%, etc.
Advanced Level Multipliers: Fine-tune any extension level with custom multipliers or use the unique "Add Mode" for advanced projections.
Toggle Any Level: You have full control to enable or disable any of the 14+ extension levels to reduce chart clutter.
Visuals & Charting
Separate RTH & ETH Colors: Instantly distinguish which session's levels are in play with unique color settings for each.
Global Color Overrides: Quickly apply a single color scheme to all RTH or ETH lines for a clean, uniform look.
Smart Line Management:
Fade Older Sessions: Automatically reduces the opacity of historical levels to keep your focus on recent price action.
Extend Latest Session: Projects the most current levels into the future so you're always ready for the next move.
Clear Price & Level Labels: See the exact price and name of every level right on your chart.
Tested for MotiveWave 6.9 (Future updates will ensure v7+ compatibility).
A .jar file for the indicator to install into Motivewave and extensive documentation.